Chocolate prices may increase significantly
Yet, the chocolate bunny prices were not particularly scary, but maybe during the next Easter, many of us have to buy fewer or smaller ones. Over the past few years, the price of cocoa jumped by 150 percent. According to analysts, several factors strenghten this trend, the most self-evident is demand is more than the supply.
One reason for the price increase that consumption increasingly shifts from milk chocolate to dark chocolate, and since the latter has much higher cocoa content, this alone will increase the demand. The other reason is; more and more people are livingamong better conditions around the world, especially in Asia, and in the Chinese region, the chocolate consumption increases, while the offer cannot immediately meet the ever-rising demand – Németh Dávid senior analyst of K&H explained on Tuesday. (hirado.hu, M1, Ma délután)
Related news
Flore Confectionery made its debut with a gold medal at the international chocolate competition
Just eight months after its launch, Hungarian Flore Confectionery has…
Read more >Finland’s Fazer presses ahead with new chocolate factory
“The investment of approximately €400m is the largest in Fazer’s…
Read more >Chocolate is getting more expensive, but people still buy it: bright sales, melting profits at Lindt
Swiss chocolate manufacturer Lindt & Sprüngli has once again proven…
Read more >Related news
Retailers protest against the reduction of deposit return fees
The National Trade Association (OKSZ) was shocked to learn that…
Read more >The European Commission has adopted a recommendation on voluntary sustainability reporting by SMEs
The VSME (Voluntary Sustainability Reporting Standard for non-listed Micro, Small…
Read more >Despite the weakening seen in recent days, the forint can be proud of its performance this year
Since last Friday, the forint has been the worst performer…
Read more >